1423 GENESEE St, Utica, NY 13501

47 Photos
 
$995,900
Active for Sale
 
Listing ID 11352659
Property Type Commercial Building
Commercial Type Bed and Breakfast
County Oneida
Township Utica
Total Tax $6,850
Tax ID 301600-318.064-0003-029.000
FEMA Flood Map fema.gov/portal
Year Built 1866
   
Virtual Tour

A Spectacular Business Opportunity

Extraordinary. Simply extraordinary. Imagine owning a magnificent 7,200 sq ft Italianate manse at one of Utica's most prestigious addresses. The Rosemont Inn Bed & Breakfast offers one the rare opportunity to not only acquire a thriving, turnkey business with a two-decade legacy of excellence, but also a stunning piece of live-in art and history. Step inside and marvel at the meticulously renovated interior, showcasing exquisite craftsmanship, soaring ceilings, and old-world mouldings. Bask in the warmth of sunlight streaming through full-height windows, enveloped by timeless elegance. This gem boasts 8 beautifully appointed suites, each with a stunning remodeled bathroom. A state-of-the-art prep kitchen features ample space, extensive countertops, and professional-grade appliances, perfect for creating culinary delights. The Rosemont Inn isn't just a business; it's a lifestyle. Share the beauty of your home with travelers exploring the wonders of the Mohawk Valley. Benefit from the current owner's wealth of experience and massive recent investment and renovations into the structure and marketing materials. As the new proprietor, you'll enjoy a spacious 2,000+ sq ft owner's apartment, ensuring comfort and privacy. The Rosemont offers up a history of excellence amongst the travel community, with the #1 rating on TripAdvisor and Google, as well as full 5-star ratings on both platforms. And grossing 240k annually, the success and profitability of the Bed & Breakfast is utterly undeniable. The direction of the Inns future is optimistic, with amazing expansion opportunities on its nearly one-acre urban oasis and massive investment at the city and county level in increasing both commerce and travel and tourism. Simply put, this is both a smart, logical investment and an opportunity to pursue a passion in the most lovely of environs. Embrace the extraordinary - The Rosemont Inn awaits, offering a unique blend of historic charm, modern luxury, and entrepreneurial opportunity in the heart of Utica.
Property Details
  • 10 Full Baths
  • 1 Half Bath
  • 7163 SF
  • Built in 1866
  • Renovated 2018
  • 3 Stories
  • Available 10/31/2024
  • Full Basement
  • Lower Level: Unfinished
  • Renovation: The entire inn was renovated per an inn feasibility study performed in 2017.
Interior Features
  • Carpet Flooring
  • Ceramic Tile Flooring
  • Hardwood Flooring
  • Baseboard
  • Hot Water
  • Natural Gas Fuel
  • Natural Gas Avail
  • Wall/Window A/C
  • 400 Amps
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Wood Siding
  • Rubber Roof
  • Municipal Water
  • Municipal Sewer
  • Deck
  • Open Porch
  • Driveway
  • Near Bus
  • Near Train
Commercial Info
  • The Rosemont Inn Bed & Breakfast (Business Name)
Taxes and Fees
  • $2,525 School Tax
  • $1,319 County Tax
  • $3,006 City Tax
  • $6,850 Total Tax
Listed By
THE BOUTIQUE REAL ESTATE SHOPPE
Office: 315-717-4058
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